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Saudi Aramco-Hyundai in $5.2 bn Shipyard Deal

Saudi Aramco is to build the region's biggest shipyard in a $5.2 billion joint venture with South Korea's Hyundai Heavy Industries and others, the partners said on Wednesday.

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Modi Urges Spanish Firms to Invest in India

Indian Prime Minister Narendra Modi on Wednesday urged Spanish firms to invest in India, saying the fast-growing country offered "many opportunities" in areas ranging from tourism to energy.

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Brexit Fuel on Paris Property Price Fire

Prices for real estate in Paris are set to reach new records this summer, as buyers -- many of them Britons -- scramble to get their hands on flats in the French capital's most well-heeled districts, a survey of notaries showed on Tuesday.

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Ministers Paint Stark Picture of Syria Economy

With oil production at its lowest in years, a total halt in phosphate exports and power generation sharply reduced, Syria's economy is on its knees, government ministers have said. 

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Spain Raises 2017 Growth Forecast

Spain's economy minister on Tuesday raised the government's growth forecast for 2017 to "around three percent" from 2.7 percent due to a stronger-than-expected performance at the start of the year.

"We started this year at cruising speed, which indicates growth will be around three percent," Luis de Guindos told lawmakers during a debate on this year's budget.

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Asia Markets Lower, Euro Hit by Draghi Comments

Most Asian markets fell in holiday-thinned trade on Tuesday, with dealers keeping tabs on a developing scandal around Donald Trump's administration.

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British Airways Flights Disrupted for Third Day after IT Crash

Passengers faced a third day of disruption at Heathrow on Monday as British Airways canceled short-haul flights after a global computer crash that unions blamed on the outsourcing of IT services to India.

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Hard-Up Cubans Snub Graduate Jobs for Higher Pay

As a trained nurse, Jose Antonio Torres can help save lives -- but in Cuba's labor market, he finds riding a bicycle rickshaw a surer way to feed his four children.

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India Needs More Jobs for Women to Boost Growth

India must reverse a trend of falling women's participation in the job market if it is to achieve its ambition of double-digit growth, the World Bank said on Monday.

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Gulf in Living Standards at Heart of UK Election Battle

Although Britain's economic growth is ticking along in the run-up to the general election, flat wages and the government's austerity program continue to bite and cause anger among those left behind.

A world away from the glistening skyscrapers of London's City finance district, normal life for some resembles that depicted in last year's Cannes winner "I, Daniel Blake".

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